Bitcoin dips below $85,000 in cryptocurrency rout

Market Intelligence Analysis

AI-Powered
Why This Matters

Bitcoin plummeted 11.8% to below $85,000, following a broader market sell-off in technology companies, exacerbating a nearly two-month decline in the cryptocurrency market.

Market Impact

Market impact analysis based on bearish sentiment with 84% confidence.

Sentiment
Bearish
AI Confidence
84%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued. Bitcoin, which soared to a record $126,210.50 on Oct. 6 according to crypto trading platform Coinbase, slid 11.8% to below $85,000. Stocks across the crypto industry tumbled, with Coinbase Global sinking 5.1% and online trading platform Robinhood Markets losing 5.2%.

Continue Reading
Full article on Unknown
Read Full Article
Original article published by Unknown on December 1, 2025.
Analysis and insights provided by AnalystMarkets AI.